Shanghai, China is Booming with LNG Demand

China, one of the world's biggest demand for energy, is going to be the next LNG vacuum with demand increase up to 3 billion cubic metres last year. China National Offshore Oil Corporation (CNOOC); is due to commission a terminal to receive liquefied natural gas in Shanghai in early February 2009 from Malaysia LNG Tiga. This first ever cargo is said to be about 20,000 cubic metres of gas before commercial operation in April.

CNOOC's Shanghai terminal will receive 1.1 million tonnes per annum from Petronas LNG complex in Malaysia with incremental volume up to 3 million tpa in 2012. Shanghai is now looking at ways to increase its emergency gas reserves as demand is shooting up.

Petchem Conference: APTC & Asia BBTC Conferences, Seoul

7th Asia Petrochemicals Technology Conference - APTC 12 & 13 May

3rd Asia Bottom of the Barrel Technology Conference - Asia BBTC 14 & 15 May
The Ramada Hotel, Seoul

Special Rates for Refiners & Petrochemical Producers!
View programmes and register via links above

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EPC is proud to announce that the APTC & Asia BBTC will take place in the exciting city of Seoul in May this year.

APTC: The Leading Event for the Asian Petrochemical Community

APTC will once again be the essential event to be updated on the current performance and future prospects for the region, including implications for supply and demand, industry profitability and the very latest technology developments.

Special Presentations by Petronas, PTT Phenol, Petrovietnam and many more..

ASIA BBTC: The Leading Forum for Residue Upgrading in Asia

Now in its 3rd impressive year, Asia BBTC remains the only event capable of bringing you up to date with the latest economic and technology developments for upgrading crude oil residues including the modernisation of existing facilities, new equipment and catalyst technologies.

Special Presentations by SK Energy, SRC , PDVSA and many more..

AXENS HEAVY ENDS SEMINAR ON 13 MAY – click here for details

We look forward to welcoming you to Seoul!  Please contact us with any queries.

Despite Economic Turmoil, Shell is Expanding in Asia

Recently Shell Malaysia has announced that it will be expanding its retail business to include additional 40 petrol pump stations in the year of 2009 despite the recent global turmoil. Some anylysts are confident that this is showing the good fundamentals for Malaysian economy. 

Asia has been hit by the economic slowdown with major share market in the region has been nosediving. However, most are confident that the turmoil are largely affecting the western economy and countries with good fundamentals will see a shake to its economy but nothing major that will cut demand growth significantly.